Skip to main content

Appreciation

I was out in my porch when my good neighbor started to chat with me. Her neighbor just finished renovation and is moving in in October. I asked her if she knew how much her neighbor paid for the house and she does not know. She said the house was on offer for 600K but there were no taker – so it was probably sold at a price that’s lower than 600K. She said one can’t find a house at the price that I bought and it really is my good fortune to buy one at 415K.

I’d never imaging that I could live in one of PJ’s most sought-after address. I still remember starting my first job in an office in PJ. At that time, property prices around that area was already booming. A typical double storey house in Bandar Utama would cost RM300K and above. I remember thinking that it was so high I’d never be able to afford a place there. My colleague, Mr Lim, said he bought his house when it was first launched at RM190K and he was extremely delighted that the price has jumped so much. He expected it to go much higher, at that time.

It’s true that from 1996-2006, the property around One Utama, Mutiara Damansara and Kota Damansara has been escalating. Every new launch is definitely about 350K or 400K. I still remember when Boustead launched Mutiara Damansara, the houses were sold through balloting and a typical 22x75 double storey would start at 400K. My friend, Ms Teah, balloted successfully for one unit and now, that unit is selling for at least 550K.

So, to be able to secure a place at 415K in Oct 2006 is indeed a great good fortune. It’s not easy – lots of hard work from the agent and lots of house sightings but my dreams have come true. And less than 2 years, the same unit I bought is sold for 520K*! Not that I am going to sell mine, but to know that the house you worked your ass off for has appreciated is very comforting.

It’s a blessing and as such, I am truly grateful. Dreams can happen…


*this afternoon, the new neighbor came for a chat. She bought her unit at 580K and she said it was fully renovated and furnished and she was thrilled to buy it at that price. She said she has been eyeing the other house beside her current one (i.e. 3 houses from mine) but the owner asked for 520K and refused to budge. That was a basic unit, she said and she almost went for it but was lucky that she managed to find this one, which were fully renovated, at 580K. Anyway, that unit was now sold, so we are guessing it could be at 500K or 520K.

Comments

  1. hi.. i chance upon this post of yours while I was googling for house prices for BU link houses. I have one unit in BU 1 too, basic, and not occupied for one year now. Wanted to sell and trying to find recent transacted price so I have an idea as to how much I should ask for. This unit you were talking about that was sold for 500 or 520k, it's basic like mine.. which part of BU is it? If you don't mind sharing? Thanks.. :)

    Jo (jocelyn.mtling@gmail.com)

    ReplyDelete

Post a Comment

Popular posts from this blog

One million daimoku

In April 2008, Anne and I started our resolution to chant 1 million daimoku in one year. It's already Jan - and I am only one-third of the way. I really need to WORK HARDER - coz I made another 1 million resolution from Jan - Dec 2009. The chart you see on the right of this post is a chart that we put beside our butsudan. It tracked our chanting progress. Every 20 minute, we coloured one box. Mine is the one on top, Anne's at the bottom - you can see that she made much better progress than me! Hmmm.. come to think of it, I am not even at one third!! --- Edit 22 March 2009: Thanks to Google, a couple of friends in faith found this post and they want to know how many hours of chanting is required to achieve one million diamoku. Here it is. Based on our publication in Malaysia, 20 minutes of chanting is equivalent to 1,000 daimoku. So, one hour is 3,000 daimoku. 1 million would take about 333 hours. --- Edit 8 April 2018: Checking my blogger stats, this post is pretty hi

Amazon Alexa in Malaysia - does it work well? A review...

Feels like Christmas in September. Thanks to Doktor Cinta, my friend who live in Australia. Back in July, Amazon Australia had a Prime Day. I joined the trial using my usual Amazon account and ordered an Echo Dot, Echo Plus (the taller one with a built-in hub) and a Kindle Paperwhite, shipping them to a dear friend in Australia. My friend visited Malaysia and brought the Echos with him two weeks ago. You can imagine my thrill to get my hands on Alexa and start using it... in Malaysia. As a side story, sometimes, you can't believe how events are aligned properly to prepare my place to be a connected home - I bought a superb new mesh network router, eero (by the way, I'd say it's one of my best electronic purchases after an iPhone! It is that good), which acts as a strong WiFi backbone as it blanket my double storey house with a reliable and fast WiFi. Then, maxis launched Fibernation program which let me to upgrade my internet from 6 Mbps (pathetic) to 100 Mbps wit

Why did we choose Sekolah Kebangsaan Taman Megah?

Which school did we transfer Jane to, that's probably what is in your mind? The graphics and the title above would have informed you the name of this school. But why this school? We first heard of Sekolah Kebangsaan Taman Megah from a friend. Her 8 and 11 year old daughters are now studying there. Typically, she doesn't really talk much about the school but when probed further, she told us all about the school. There are few things she said which struck me really hard. The first being that the kids and the staff in the school are a happy lot. Yes, even the staff. She said when you go to the school and talked to the teachers, the Headmistress Puan Khoo or even the office staff, you will feel an ambiance of  warmth and politeness from everyone. It's a very pleasant feeling, unlike many schools where the atmosphere is cold. And she also said that the children there, her own two daughters, are always looking forward to school. The second thing she said which also left